More young women than men drive luxury leases

Lynnette Khalfani-Cox
Lynnette Khalfani-Cox

When a 30-something friend I know in New York City confessed to me that she was driving an $815 a month BMW, I cautioned her about tooling around town in such an expensive set of wheels.

But it turns out, she's hardly alone – at least among the younger crowd.

According to LeaseTrader.com, a popular car leasing marketplace, when it comes to driving luxury vehicles, it's young women who are most often gripping that steering wheel – not men.

About 51.2% of women under 30 on LeaseTrader.com drive a luxury vehicle compared with 42.6% back in 2005.